In its annual report of world recoverable oil resources, Rystad Energy finds that the USA holds 293bn barrels of recoverable oil resources, which is 20bn barrels more than Saudi Arabia and almost 100bn barrels more than Russia
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BP: Carbon emissions from energy industry rose two per cent in 2018
The global energy demand grew by 2.9 per cent and carbon emissions grew by two per cent in 2018, faster than at any time since 2010-11, according to the 68th annual edition of the BP Statistical Review of World Energy
US leads global new-build trunk oil and gas pipeline additions
The US is expected to add the highest trunk pipeline length in the global oil and gas pipelines industry between 2019 and 2023, according to GlobalData, a data and analytics company
Baker Hughes launches its multimodal facility expansion in Angola
Baker Hughes, a GE company, has announced the inauguration of its oil and gas multimodal facility (MMF) in Luanda, Angola
Lukoil acquires hydrocarbon project in Congo
Lukoil, a Russian multinational energy corporation, has concluded an agreement with New Age M12 Holdings Limited to acquire a 25 per cent interest in the Marine XII license in the Republic of Congo for US$800mn
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